The E-Trade presidency: Trump trades stocks while America burns

Last month was a nerve-racking time for investors in the massive military-tech contractor Palantir. They’d expected big returns on the Miami-based firm’s close ties with Donald Trump’s warfighting regime, only to instead see shares plummet amid Wall Street fears the firm is falling behind its rivals on artificial intelligence, or AI. The plunge was very bad news for one particular high-profile Palantir backer who’d purchased as much as $630,000 in its stock in the preceding weeks. But unlike thousands of other passive investors, this billionaire could do something about the situation, considering that he is also the 47th president of…